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Author: Olivia Martinez
The Ethereum Foundation has begun staking a portion of its treasury, in line with its Treasury Policy announced last year. Approximately 70,000 ETH is being staked with rewards directed back to the EF treasury. Architecture & configuration After assessing many good staking software options, the Ethereum Foundation chose to use the open source software options Dirk and Vouch: Dirk serves as a distributed signer, spreading signers across multiple geographic regions. This design eliminates a single point of failure and enhances resilience.Vouch supports the use of multiple Beacon Client and Execution Client pairings with a variety of configurable strategies which can be…
The commons called. It wants a runway. Every so often, in the blockchain world’s usual cycle of funding scares, a team maintaining a widely used open source public good declares mayday. Libp2p is a core infrastructure stack that powers multiple Ethereum clients (among others) and a large part of Web3 infrastructure. It was, not long ago, one of the latest projects to put out a call for assistance as financial resources ran thin. Ethereum’s public goods landscape (in the sense of “teams building and open-sourcing things that are maximally valuable to our ecosystem”) has no shortage of talent: the ecosystem…
Dearest Friends, Today we are publishing the EF Mandate, a document that serves as part constitution, part manifesto, and part guide for the Ethereum Foundation. It is written primarily for the EF itself: to be clear about what we are here to do, the principles by which we make decisions, and what we must both do and refuse to do if we are to stay true to our mission. But within it is also the story of a journey, from source to stars. It carries a message not only to the Ethereum ecosystem, but also to the broader field of…
The TRU token collapsed from $0.1659 to near zero, wiping out market value. Liquidity on decentralised exchanges dried up following the exploit. The attacker wallet was linked to a Sparkle protocol attack 12 days earlier. A serious security breach at Truebit Protocol has triggered one of the sharpest collapses seen in decentralised finance this year. The blockchain project, which focuses on verified computing, lost around $26.5 million after an attacker exploited a weakness in its smart contract system. The incident sent the protocol’s native TRU token crashing to near zero and left liquidity across decentralised exchanges severely strained. On-chain movements…